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Overview
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Independence Contract Drilling stock price, quote, forecast and news

ICD
US4534156066
A2P1E5

Price

0.33
Today +/-
-0.02
Today %
-8.12 %
P

Independence Contract Drilling stock price

%
Weekly
Details

Price

ⓘ

Overview

The Quote Chart provides detailed and dynamic insights into the Independence Contract Drilling stock's performance, showcasing daily, weekly, or monthly aggregated quotes. Users can switch between different time frames to analyze the stock's progression meticulously and make informed investment decisions.

Intraday Feature

The intraday feature provides real-time data, allowing investors to view the Independence Contract Drilling stock’s price fluctuations within the trading day, facilitating timely and strategic investment decisions.

Total Return and Relative Price Change

View the total return of the Independence Contract Drilling stock to gauge its profitability over time. The relative price change, based on the first quote available in the selected timeframe, offers insights into the stock’s performance, assisting in evaluating its investment potential.

Interpretation and Investment

Utilize the comprehensive data presented in the Quote Chart to analyze Independence Contract Drilling's market trends, price movements, and potential returns. Make informed investment choices by comparing different time frames and evaluating intraday data for optimized portfolio management.

Independence Contract Drilling Stock Price History

DateIndependence Contract Drilling Price
9/5/20240.33 undefined
9/4/20240.35 undefined
9/3/20240.37 undefined
8/30/20240.45 undefined
8/29/20240.39 undefined
8/28/20240.59 undefined
8/27/20240.65 undefined
8/26/20240.65 undefined
8/23/20240.70 undefined
8/22/20240.70 undefined
8/21/20240.73 undefined
8/20/20240.71 undefined
8/19/20240.65 undefined
8/16/20240.59 undefined
8/15/20240.60 undefined
8/14/20240.61 undefined
8/13/20240.67 undefined
8/12/20240.61 undefined
8/9/20240.50 undefined

Independence Contract Drilling Revenue, EBIT, Net Income

  • 3 years

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  • Max

Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

ⓘ

Understanding Revenue, EBIT, and Income

Gain insights into Independence Contract Drilling, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Independence Contract Drilling from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Independence Contract Drilling’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Independence Contract Drilling. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Independence Contract Drilling’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Independence Contract Drilling’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Independence Contract Drilling’s growth potential.

Independence Contract Drilling Revenue, EBIT and net profit per share

DateIndependence Contract Drilling RevenueIndependence Contract Drilling EBITIndependence Contract Drilling Net Income
2026e446.22 M undefined0 undefined19.49 M undefined
2025e180.2 M undefined11.21 M undefined-29.72 M undefined
2024e171.05 M undefined-3.43 M undefined-34.19 M undefined
2023210.11 M undefined11.23 M undefined-37.7 M undefined
2022186.7 M undefined-1.9 M undefined-65.3 M undefined
202188 M undefined-42.6 M undefined-66.7 M undefined
202083.4 M undefined-39.4 M undefined-96.6 M undefined
2019203.6 M undefined-3.1 M undefined-60.8 M undefined
2018142.6 M undefined600,000 undefined-20 M undefined
201790 M undefined-16.8 M undefined-24.3 M undefined
201670.1 M undefined-13.1 M undefined-22.2 M undefined
201588.4 M undefined600,000 undefined-7.9 M undefined
201470.3 M undefined-700,000 undefined-28.2 M undefined
201342.8 M undefined-4.8 M undefined-2 M undefined
201215.1 M undefined-14 M undefined-4.9 M undefined

Independence Contract Drilling Income Statement, Balance Sheet, Cash Flow Statement

  • Simple

  • Expanded

  • Income Statement

  • Balance Sheet

  • Cashflow

 
REVENUE (M)REVENUE GROWTH (%)GROSS MARGIN (%)GROSS INCOME (M)EBIT (M)EBIT MARGIN (%)NET INCOME (M)NET INCOME GROWTH (%)SHARES (M)DOCUMENTS
2012201320142015201620172018201920202021202220232024e2025e2026e
1542708870901422038388186210171180446
-180.0066.6725.71-20.4528.5757.7842.96-59.116.02111.3612.90-18.575.26147.78
-33.3338.5740.9137.1424.4433.1028.5721.6913.6433.8737.62---
01427362622475818126379000
-14-400-13-160-3-39-42-111-3110
-93.33-9.52---18.57-17.78--1.48-46.99-47.73-0.545.24-1.756.11-
-4-2-28-7-22-24-20-60-96-66-65-37-34-2919
--50.001,300.00-75.00214.299.09-16.67200.0060.00-31.25-1.52-43.08-8.11-14.71-165.52
1.11.10.91.21.71.92.43.84.97.51314.01000
---------------
Details

Keystats

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Revenue and Growth

The Independence Contract Drilling Revenue and Revenue Growth are pivotal to understanding the company's financial health and operational efficiency. A consistent increase in revenue indicates a company’s ability to effectively market and sell its products or services, while the revenue growth percentage offers insights into the pace at which the company is expanding over the years.

Gross Margin

The Gross Margin is a crucial metric that showcases the percentage of revenue exceeding the cost of goods sold (COGS). A higher gross margin is indicative of a company’s efficiency in controlling its production costs, thereby promising potential profitability and financial stability.

EBIT and EBIT Margin

EBIT (Earnings Before Interest and Taxes) and EBIT Margin offer deep insights into a company’s profitability, excluding the impacts of interest and taxes. Investors often assess these metrics to gauge the operational efficiency and inherent profitability of a business, separate from its financial structure and tax environment.

Income and Growth

Net Income and its subsequent growth are quintessential for investors looking to understand a company’s profitability. Consistent income growth underscores a company’s ability to enhance its profitability over time, reflecting operational efficiency, strategic competitiveness, and financial health.

Shares Outstanding

Shares outstanding refer to the total number of shares a company has issued. It's instrumental in calculating key metrics like Earnings Per Share (EPS) which is pivotal for investors to evaluate a company’s profitability on a per-share basis, offering a more granular view of financial health and valuation.

Interpreting Year to Year Comparison

Comparing yearly data allows investors to identify trends, assess the company’s growth, and anticipate potential future performance. Analyzing how metrics like revenue, income, and margins change year over year can provide valuable insights into the company’s operational efficiency, competitiveness, and overall financial health.

Expectations and Predictions

Investors often juxtapose the current and past financial data with the market’s expectations. This comparison aids in assessing whether the Independence Contract Drilling is performing as anticipated, underperforming or outperforming the market predictions, providing pivotal data for investment decisions.

 
ASSETSCASH BALANCE (M)RECEIVABLES (M)OTHER REC. (k)INVENTORIES (M)OTHER CURRENT LIAB. (M)CURRENT ASSETS (M)TANGIBLE ASSETS (M)LONG-T. INVEST. (M)LONG-T. REC. (M)INTANGIBLE ASSETS (M)GOODWILL (M)OTHER NON-CURRENT ASSETS (M)NON-CURRENT ASSETS (M)TOTAL ASSETS (M)LIABILITIESCOMMON STOCK (k)ADDITIONAL PAID-IN CAPITAL (M)RETAINED EARNINGS (M)OTHER EQUITY (M)UNREAL. GAINS/LOSSES (M)EQUITY (M)LIABILITIES (M)PROVISIONS (M)OTHER SHORT-TERM LIAB. (M)SHORT-TERM DEBTS (M)LONG-TERM DEBT PORTION (M)SHORT-TERM REC. (M)LONG-T. LIAB. (M)DEFERRED TAXES (M)OTHER LIAB. (M)LONG-T. LIABILITIES (M)DEBT (M)TOTAL CAPITAL (M)
201220132014201520162017201820192020202120222023
                       
37.42.710.85.37.12.512.25.212.34.15.35.57
5.49.119.118.211.518.14235.81022.239.831.7
6000000000010000
0.91.12.12.32.32.72.72.311.21.51.56
3.68.24.33.477.628.613.34.14.65.14.76
47.921.136.329.227.930.985.556.627.432.251.743.58
83.5129.5250.5283.4273.2272.4496.2457.5384.4363.8377.1350.4
000000000000
000000000000
25.122.40000000000
111100001.600000
012.72.111.41.52.71.4110.7
119.6163.9253.2285.5274.2273.8499.3460.2385.8364.8378.1351.1
167.5185289.5314.7302.1304.7584.8516.8413.2397429.8394.68
                       
100100200200400400800800100100100144
150.4152.6272.8276.9323.9326.6503.4505.1517.9532.8617.6622.17
-5.1-7.1-35.3-43.2-65.3-89.6-109.6-170.4-267.1-333.8-399.1-436.79
000000000000
000000000000
145.4145.6237.7233.9259237.4394.6335.5250.9199.1218.6185.52
10.19.1228.61011.616.322.74.115.331.922.99
1.22.74.44.65.75.220.611.98.211.811.411.76
1.21.835.62.11.78.610.32.56.76.24.61
000000000000
0022.500.40.50.63.77.64.52.51.23
12.513.651.918.818.21946.148.622.438.35240.59
019.8062.726.149.3130134.9137.6141.7143.2154.55
63.60.30.20.40.70.80.70.51912.39.76
4.23.20.60.40.10.116.41.25.62.87.58.2
10.226.60.963.326.650.1147.2136.8143.7163.5163172.51
22.740.252.882.144.869.1193.3185.4166.1201.8215213.1
168.1185.8290.5316303.8306.5587.9520.9417400.9433.6398.62
Details

Balance Sheet

ⓘ

Understanding the Balance Sheet

The balance sheet of Independence Contract Drilling provides a detailed financial snapshot, revealing the company's assets, liabilities, and equity at a specific point in time. Analyzing these components is crucial for investors looking to understand Independence Contract Drilling's financial health and stability.

Assets

Independence Contract Drilling's assets represent everything the company owns or controls that has monetary value. These are categorized into current and non-current assets, offering insights into the company's liquidity and long-term investments.

Liabilities

Liabilities are obligations that Independence Contract Drilling must settle in the future. Analyzing the ratio of liabilities to assets provides insights into the company's financial leverage and risk exposure.

Equity

Equity refers to the residual interest in the assets of Independence Contract Drilling after deducting liabilities. It represents the owners’ claim on the company’s assets and earnings.

Year-to-Year Analysis

Comparing balance sheet figures year-to-year allows investors to identify trends, growth patterns, and potential financial risks, facilitating informed investment decisions.

Interpreting the Data

Detailed analysis of assets, liabilities, and equity can provide investors with comprehensive insights into Independence Contract Drilling's financial standing, aiding in investment evaluations and risk assessments.

 
NET INCOME (M)DEPRECIATION (M)DEFERRED TAXES (M)CHANGES IN WORKING CAPITAL (M)NON-CASH ITEM (M)PAID INTEREST (M)PAID TAXES (M)NET CASH FLOW FROM OPERATING ACTIVITIES (M)CAPITAL EXPENDITURES (M)CASH FLOW FROM INVESTING ACTIVITIES (M)CASH FLOW FROM OTHER INVESTING ACTIVITIES (M)INTEREST INCOME AND EXPENSES (M)NET DEBT CHANGE (M)NET CHANGE IN EQUITY (M)CASH FLOW FROM FINANCING ACTIVITIES (M)CASH FLOW FROM OTHER FINANCING ACTIVITIES ()TOTAL DIVIDENDS PAID (M)NET CHANGE IN CASH FLOW (M)FREE CASH FLOW (M)SHARE-BASED COMPENSATION (M)
201220132014201520162017201820192020202120222023
-4-2-28-7-22-24-19-60-96-66-65-37
51016212325304543384043
-5-2-300000018-6-2
-2-1-1334-50080-71
-113391085434406756
00132231313652
000000000000
-8632716416270-92861
-66-59-115-75-21-31-37-38-14-16-43-40
-49-59-112-72-20-30-25-28-8-14-38-36
17023111295244
000000000000
-219240-372224-55218-23
9701160420-10101330
95181163942018-6151510-24
--1.00-2.00---1.00-4.00----10.00-
000000000000
37-348-51-49-77-810
-75.2-53.69-111.58-48.15-4.14-26.42-21.41-10.4-13.94-26-14.4720.37
000000000000

Independence Contract Drilling stock margins

The Independence Contract Drilling margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Independence Contract Drilling. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Independence Contract Drilling.

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Gross margin
EBIT margin
Profit margin
Details

Margin

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Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Independence Contract Drilling's sales revenue. A higher gross margin percentage indicates that the Independence Contract Drilling retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Independence Contract Drilling's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Independence Contract Drilling's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Independence Contract Drilling's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Independence Contract Drilling. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Independence Contract Drilling's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Independence Contract Drilling Margin History

Independence Contract Drilling Gross marginIndependence Contract Drilling Profit marginIndependence Contract Drilling EBIT marginIndependence Contract Drilling Profit margin
2026e38.01 %0 %4.37 %
2025e38.01 %6.22 %-16.5 %
2024e38.01 %-2.01 %-19.99 %
202338.01 %5.34 %-17.94 %
202233.9 %-1.02 %-34.98 %
202113.86 %-48.41 %-75.8 %
202021.7 %-47.24 %-115.83 %
201928.83 %-1.52 %-29.86 %
201833.24 %0.42 %-14.03 %
201724.78 %-18.67 %-27 %
201638.23 %-18.69 %-31.67 %
201541.06 %0.68 %-8.94 %
201439.4 %-1 %-40.11 %
201333.64 %-11.21 %-4.67 %
2012-1.99 %-92.72 %-32.45 %

Independence Contract Drilling Stock Sales Revenue, EBIT, Earnings per Share

The Independence Contract Drilling earnings per share therefore indicates how much revenue Independence Contract Drilling has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 years

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Sales per Share
EBIT per share
Earnings per Share
Details

Revenue, EBIT and Earnings per share

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Revenue Per Share

Revenue per share represents the total revenue Independence Contract Drilling earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Independence Contract Drilling's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Independence Contract Drilling’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Independence Contract Drilling's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Independence Contract Drilling Revenue, EBIT and net profit per share

DateIndependence Contract Drilling Sales per ShareIndependence Contract Drilling EBIT per shareIndependence Contract Drilling Earnings per Share
2026e29.32 undefined0 undefined1.28 undefined
2025e11.84 undefined0 undefined-1.95 undefined
2024e11.24 undefined0 undefined-2.25 undefined
202314.99 undefined0.8 undefined-2.69 undefined
202214.36 undefined-0.15 undefined-5.02 undefined
202111.73 undefined-5.68 undefined-8.89 undefined
202017.02 undefined-8.04 undefined-19.71 undefined
201953.58 undefined-0.82 undefined-16 undefined
201859.42 undefined0.25 undefined-8.33 undefined
201747.37 undefined-8.84 undefined-12.79 undefined
201641.24 undefined-7.71 undefined-13.06 undefined
201573.67 undefined0.5 undefined-6.58 undefined
201478.11 undefined-0.78 undefined-31.33 undefined
201338.91 undefined-4.36 undefined-1.82 undefined
201213.73 undefined-12.73 undefined-4.45 undefined

Independence Contract Drilling business model

Independence Contract Drilling Inc (ICD) is a US-based company founded in 2011 and headquartered in Houston, Texas. The company provides drilling services for unconventional natural gas and oil deposits in North America. ICD's history begins with its founding by a group of experienced managers and employees from the oil and gas industry. The goal was to create a company specializing in measures to improve efficiency, safety, and productivity in drilling. The company started with a fleet of rig drilling units used in the Permian Basin, Eagle Ford, and Haynesville. Over the past 10 years, the company has expanded its operations to other areas such as the Powder River Basin, DJ Basin, and Marcellus Shale play. ICD operates in a competitive market with many competing companies offering similar services. However, the company has a unique business model that allows it to differentiate itself from the competition. ICD exclusively operates modern rig drilling units of the highest standards equipped with the latest technology to provide customers with the best possible service. The company also operates only high-performance and efficient units to enable customers to achieve high-quality and fast drilling. ICD offers its customers a wide range of drilling services and support services. The company solely focuses on hydraulically operated rig drilling units capable of performing heavy drilling. The spectrum of services offered includes drilling of horizontal and vertical boreholes, borehole geomechanics, surface services, and drilling preparation work. Moreover, the company also has professionals that enable it to offer customized solutions and consulting services to meet the customers' requirements. ICD has strategically expanded its activities in recent years to offer a wider range of services to its customers. For example, the company completed the acquisition of H&P Holdings to expand its portfolio in the field of borehole geomechanics. The success of ICD also relies on its ability to offer customers a wide range of services and support offerings all in one place. Through targeted expansion into new business areas, the company is able to strengthen its position in the market and satisfy its customers. Overall, ICD is a leading provider of drilling services in North America. The company has made a name for itself through its modern, efficient, and technologically advanced rig drilling units, its wide range of services, and its strategic expansion into new business areas. A hallmark of ICD is also its strong customer orientation and ability to offer tailor-made services that meet customers' needs. In the future, the company is expected to play an important role in the production of oil and gas from unconventional deposits and continue to specialize in expanding its business model and service offerings. Independence Contract Drilling is one of the most popular companies on Eulerpool.com.

Independence Contract Drilling Eulerpool Fair Value

Details

Fair Value

ⓘ

Understanding Fair Value

The fair value of a stock provides insights into whether the stock is currently undervalued or overvalued. It is calculated based on profit, revenue, or dividends and offers a comprehensive perspective of the stock’s intrinsic value.

Income-Based Fair Value

This is calculated by multiplying the earnings per share by the average P/E ratio of the selected past years for smoothing. If the fair value is higher than the current market price, it suggests that the stock is undervalued.

Example 2022

Fair Value Profit 2022 = Earnings per Share 2022 / Average P/E Ratio 2019 - 2021 (3 Years Smoothing)

Revenue-Based Fair Value

It is derived by multiplying the revenue per share by the average price-to-sales ratio of the selected past years for smoothing. An undervalued stock is identified if the fair value exceeds the ongoing market price.

Example 2022

Fair Value Revenue 2022 = Revenue per Share 2022 / Average PSR 2019 - 2021 (3 Years Smoothing)

Dividend-Based Fair Value

This value is determined by dividing the dividend per share by the average dividend yield of the selected past years for smoothing. A higher fair value than the market price indicates an undervalued stock.

Example 2022

Fair Value Dividend 2022 = Dividend per Share 2022 * Average Dividend Yield 2019 - 2021 (3 Years Smoothing)

Expectations and Forecasts

Future expectations provide potential trajectories for stock prices and aid investors in decision-making. The expected values are forecasted figures of fair value, taking into account the growth or decline trends of profit, revenue, or dividend.

Comparative Analysis

Comparing the fair value based on profit, revenue, and dividend provides a holistic overview of the stock’s financial health. Observing the annual and per-annual variations contributes to understanding the consistency and reliability of stock performance.

Independence Contract Drilling historical P/E ratio, EBIT, and P/S ratio.

Independence Contract Drilling shares outstanding

The number of shares was Independence Contract Drilling in 2023 — This indicates how many shares 14.012 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 years

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  • Max

Number of stocks
Details

Revenue, EBIT and Earnings per share

ⓘ

Revenue Per Share

Revenue per share represents the total revenue Independence Contract Drilling earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Independence Contract Drilling's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Independence Contract Drilling’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Independence Contract Drilling's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Independence Contract Drilling Stock splits

In Independence Contract Drilling's history, there have been no stock splits.
Unfortunately, there are currently no price targets and forecasts available for Independence Contract Drilling.

Independence Contract Drilling latest earnings and earnings surprises

DateEPS EstimateEPS ActualQuarterly report
6/30/2024-0.48 -0.73  (-50.58 %)2024 Q2
3/31/2024-0.49 -0.5  (-2.19 %)2024 Q1
12/31/2023-0.28 -0.61  (-115.7 %)2023 Q4
9/30/2023-0.3 -0.37  (-23.62 %)2023 Q3
6/30/2023-0.2 -0.07  (64.12 %)2023 Q2
3/31/2023-0.11 0.14  (231.95 %)2023 Q1
12/31/2022-0.15 -0.01  (93.19 %)2022 Q4
9/30/2022-0.45 -0.35  (21.68 %)2022 Q3
3/31/2022-0.22 -0.99  (-345.54 %)2022 Q1
12/31/2021-1.31 -1.35  (-2.74 %)2021 Q4
1
2
3
4

Eulerpool ESG Scorecard© for the Independence Contract Drilling stock

Eulerpool World ESG Rating (EESG©)

45/ 100

🌱 Environment

22

👫 Social

33

🏛️ Governance

79

Environment

Scope 1 - Direct Emissions
—
Scope 2 - Indirect emissions from purchased energy
—
Scope 3 - Indirect emissions within the value chain
—
Total CO₂ emissions
—
CO₂ reduction strategy
✅
Coal energy
❌
Nuclear power
❌
Animal experiments
❌
Fur & Leather
—
Pesticides
—
Palm Oil
—
Tobacco
❌
Genetically modified organisms
❌
Climate concept
—
Sustainable forestry
—
Recycling regulations
❌
Environmentally friendly packaging
❌
Hazardous substances
❌
Fuel consumption and efficiency
❌
Water consumption and efficiency
❌

Social

Percentage of female employees—
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content❌
Alcohol❌
Weapons—
Firearms
❌
Gambling❌
Military contracts❌
Human rights concept❌
Privacy concept—
Occupational health and safety✅
Catholic✅

Governance (Corporate Governance)

Environmental reporting✅
Stakeholder Engagement❌
Call Back Policies❌
Antitrust law❌

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Independence Contract Drilling list of shareholders

%
Name
Stocks
Change
Date
9.02 % Karlin Asset Management, Inc.1,373,2971,373,2978/16/2023
3.79 % Gallegos John Anthony Jr576,099219,5032/27/2024
3.55 % Castleknight Management LP540,554190,67912/31/2023
3.51 % Tejara Capital Ltd.534,94495,00012/31/2023
3.51 % Monroe (William)534,259-923,00011/11/2022
2.56 % Hamblin Watsa Investment Counsel Ltd.390,294012/31/2023
2.51 % The Vanguard Group, Inc.382,3824,90012/31/2023
11.18 % MSD Partners, L.P.1,701,000012/31/2023
1.98 % Choyce (Philip A)301,925153,4132/27/2024
1.15 % Dimensional Fund Advisors, L.P.174,629012/31/2023
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Independence Contract Drilling Executives and Management Board

Mr. J. Anthony Gallegos53
Independence Contract Drilling President, Chief Executive Officer, Director (since 2018)
Compensation 5.86 M
Mr. Philip Choyce56
Independence Contract Drilling Chief Financial Officer, Executive Vice President
Compensation 2.6 M
Mr. Scott Keller43
Independence Contract Drilling Senior Vice President - Business Development
Compensation 1.74 M
Mr. Philip Dalrymple43
Independence Contract Drilling Senior Vice President - Operations
Compensation 329,684
Mr. Vincent Cebula59
Independence Contract Drilling Independent Director
Compensation 244,572
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Independence Contract Drilling Supply Chain

NameRelationshipTwo-week correlationOne-month correlationThree-Month CorrelationSix-Month CorrelationOne Year CorrelationTwo-Year Correlation
Pioneer Natural Resources Stock
Pioneer Natural Resources
SupplierCustomer0,90-0,18-0,360,600,460,42
Occidental Petroleum Stock
Occidental Petroleum
SupplierCustomer0,87-0,06-0,270,650,520,47
Callon Petroleum Stock
Callon Petroleum
SupplierCustomer0,850,940,620,730,620,42
APA Stock
APA
SupplierCustomer0,730,68-0,010,690,490,42
ConocoPhillips Stock
ConocoPhillips
SupplierCustomer0,690,05-0,120,660,450,38
Chevron Stock
Chevron
SupplierCustomer0,680,020,270,720,490,43
Exxon Mobil Stock
Exxon Mobil
SupplierCustomer0,680,24-0,100,630,500,46
Southwestern Energy Stock
Southwestern Energy
SupplierCustomer0,570,79-0,170,480,440,42
Diamondback Energy Stock
Diamondback Energy
SupplierCustomer0,400,510,210,690,470,42
BP Stock
BP
SupplierCustomer0,34-0,06-0,430,440,31
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Most common questions regarding Independence Contract Drilling

What values and corporate philosophy does Independence Contract Drilling represent?

Independence Contract Drilling Inc represents values such as safety, efficiency, and reliability in its corporate philosophy. The company strives to provide top-notch drilling services while placing a strong emphasis on maintaining a safe working environment for its employees and clients. With a commitment to continuously improving operational efficiency, Independence Contract Drilling Inc incorporates advanced drilling technologies and methodologies. By upholding these core values and a customer-centric approach, the company aims to consistently deliver excellence in the drilling sector.

In which countries and regions is Independence Contract Drilling primarily present?

Independence Contract Drilling Inc primarily operates in the United States.

What significant milestones has the company Independence Contract Drilling achieved?

Independence Contract Drilling Inc has achieved several significant milestones over the years. The company has successfully expanded its fleet of technologically advanced rigs, allowing it to provide efficient and reliable drilling services. Independence Contract Drilling Inc has also established strong relationships with major clients in the oil and gas industry, leading to long-term contracts and increased revenues. Additionally, the company has been recognized for its commitment to safety and environmental sustainability, earning various industry awards and certifications. Overall, Independence Contract Drilling Inc continues to surpass expectations and solidify its position as a leading provider of drilling services in the energy sector.

What is the history and background of the company Independence Contract Drilling?

Independence Contract Drilling Inc. (ICD) is a leading provider of land-based contract drilling services for oil and natural gas wells. Established in 2011 and headquartered in Houston, Texas, ICD operates primarily in the Permian Basin and Haynesville Shale regions. With a fleet of technologically advanced rigs, the company offers efficient and cost-effective drilling solutions tailored to meet the evolving needs of exploration and production companies. ICD has a strong track record of operational excellence and customer satisfaction, prioritizing safety and delivering superior performance. As a reliable and innovative player in the drilling industry, Independence Contract Drilling Inc. continues to contribute to the energy sector's growth and success.

Who are the main competitors of Independence Contract Drilling in the market?

The main competitors of Independence Contract Drilling Inc in the market are Patterson-UTI Energy Inc, Helmerich & Payne Inc, and Precision Drilling Corporation.

In which industries is Independence Contract Drilling primarily active?

Independence Contract Drilling Inc is primarily active in the oil and gas drilling industry.

What is the business model of Independence Contract Drilling?

The business model of Independence Contract Drilling Inc (ICD) revolves around providing land-based contract drilling services to oil and natural gas exploration and production companies. ICD operates a fleet of technologically advanced drilling rigs equipped with the latest automation and control systems, allowing for efficient and cost-effective drilling operations. The company primarily targets unconventional oil and gas resource plays in the United States, including the Permian Basin, Eagle Ford Shale, and SCOOP/STACK plays. By offering safe and reliable drilling services, ICD aims to meet the demand for efficient and optimized production of hydrocarbon resources, contributing to the growth and success of the energy industry.

What is the P/E ratio of Independence Contract Drilling 2024?

The Independence Contract Drilling P/E ratio is -0.13.

What is the P/S ratio of Independence Contract Drilling 2024?

The Independence Contract Drilling P/S ratio is 0.03.

What is the AlleAktien quality score of Independence Contract Drilling?

The AlleAktien quality score for Independence Contract Drilling is 2/10.

What is the revenue of Independence Contract Drilling 2024?

The expected Independence Contract Drilling revenue is 171.05 M USD.

How high is the profit of Independence Contract Drilling 2024?

The expected Independence Contract Drilling profit is -34.19 M USD.

What is the business model of Independence Contract Drilling

Independence Contract Drilling Inc. is a company that specializes in providing drilling equipment and services for the oil and gas industry. Its business model is based on leasing drilling rigs and providing personalized services to oil and gas companies in the US. The company offers a variety of drilling rigs tailored to the specific needs of its customers. This includes mobile devices, oversized rigs, hydraulically powered rigs, and specially designed equipment. The goal is to provide cost-effective and high-quality solutions to successfully carry out drilling projects. Independence Contract Drilling Inc. categorizes its drilling rigs into vertical drilling systems, horizontal drilling systems, and directional drilling systems. The company also offers auxiliary services such as coil tubing service, pump service, and well service. In addition to leasing drilling rigs, Independence Contract Drilling Inc. also offers personalized services tailored to the needs of its customers. This includes extensive consultation during the drilling process to ensure that customers receive the best possible solutions. The company works closely with its customers to meet their needs and achieve the best possible return on investment. The company has taken further initiatives in recent years to increase its competitive advantage and expand its business model. This includes the development of new technologies and processes to improve the efficiency and productivity of drilling operations. By incorporating innovative technologies such as Industry 4.0, the company is investing in smart automation and integrated data platforms to develop and offer flexible, autonomous drilling systems. Independence Contract Drilling Inc. is also expanding into new regions and building its capabilities and capacities to meet the constantly growing demands of its customers. The company aims to offer innovative solutions to its customers and build long-term relationships to continue meeting their needs in the future. Overall, Independence Contract Drilling Inc.'s business model is focused on providing high-quality drilling rigs and personalized services for the oil and gas industry. The company is committed to offering innovative solutions and services to satisfy its customers and build long-term relationships.

What is the Independence Contract Drilling dividend?

Independence Contract Drilling pays a dividend of 0 USD distributed over payouts per year.

How often does Independence Contract Drilling pay dividends?

The dividend cannot currently be calculated for Independence Contract Drilling or the company does not pay out a dividend.

What is the Independence Contract Drilling ISIN?

The ISIN of Independence Contract Drilling is US4534156066.

What is the Independence Contract Drilling WKN?

The WKN of Independence Contract Drilling is A2P1E5.

What is the Independence Contract Drilling ticker?

The ticker of Independence Contract Drilling is ICD.

How much dividend does Independence Contract Drilling pay?

Over the past 12 months, Independence Contract Drilling paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Independence Contract Drilling is expected to pay a dividend of 0 USD.

What is the dividend yield of Independence Contract Drilling?

The current dividend yield of Independence Contract Drilling is .

When does Independence Contract Drilling pay dividends?

Independence Contract Drilling pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Independence Contract Drilling?

Independence Contract Drilling paid dividends every year for the past 0 years.

What is the dividend of Independence Contract Drilling?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Independence Contract Drilling located?

Independence Contract Drilling is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Independence Contract Drilling kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Independence Contract Drilling from 9/7/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/7/2024.

When did Independence Contract Drilling pay the last dividend?

The last dividend was paid out on 9/7/2024.

What was the dividend of Independence Contract Drilling in the year 2023?

In the year 2023, Independence Contract Drilling distributed 0 USD as dividends.

In which currency does Independence Contract Drilling pay out the dividend?

The dividends of Independence Contract Drilling are distributed in USD.

All fundamentals about Independence Contract Drilling

Our stock analysis for Independence Contract Drilling Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Independence Contract Drilling Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.